Fushi Copperweld, a manufacturer of copper-clad bimetallic wire, has appointed Beihong ‘Linda’ Zhang as executive vice president and chief financial officer (CFO), succeeding Wenbing ‘Christopher’ Wang, director, president, and CFO.
Wang, who served as the company’s CFO since December 2005, will continue to serve as the company’s president and a member of the board of directors. Zhang will be responsible for all aspects of the company’s finance function including accounting, financial planning and analysis, tax, treasury, audit, and investor relations.
Zhang has over 13 years of experience in portfolio investment, corporate finance and accounting. Most recently, from 2003 to August 2009, she was the CFO for Marco Consulting Group in its investment consulting business in Chicago. Prior to that, Zhang served as strategic consultant at M Moser Associates, where she led and co-ordinated corporate structuring and merger and acquisition (M&A) efforts in line with strategic plans. Fluent in both Mandarin and English, Zhang holds an MBA in Finance from the Smeal College of Business at The Pennsylvania State University and a BSc degree in Engineering and Architecture from Tongji University, Shanghai. She is also a charter holder of chartered financial analyst and financial risk manager.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.